Leslie Monaco, a born and raised Denver native, has been involved in the real estate industry since 2001 and has helped hundreds of clients call Denver their home. Real estate is her passion and that passion reflects on her sincerity in helping clients achieve their real estate goals and needs. Clients that work with Leslie are provided with first class service from the start, throughout their real estate process and beyond the closing. This is evidenced by her being recognized as a 5280 Five Star Real Estate Agent based on customer satisfaction for the past four years. Leslie is a part of a top producing team with Kentwood Real Estate who consistently sell over $20,000,000 in Metro Denver real estate each year.
Real Estate Term of the Day: Duel Agency DUEL AGENCY – the situation in which an agent represents more than one party to a transaction (Barron’s Dictionary of Real Estate Terms) The State of Colorado does not allow the practice of duel agency. According to Senate Bill 02-196, Section 6: A broker shall not establish … More Real Estate Term of the Day: Duel Agency
Real Estate Term of the Day: Drive-by Appraisal DRIVE-BY APPRAISAL (aka: Limited Appraisal) – value estimated prepared without the benefit of an interior inspection (Barron’s Dictionary of Real Estate Terms) Due to the changes in the mortgage underwriting rules over the past couple of years and the creation of the HVCC, the practice of drive … More Real Estate Term of the Day: Drive-by Appraisal
Real Estate Term of the Day: Down Payment DOWN PAYMENT – the amount one pays for property in addition to the debt incurred (Barron’s Dictionary of Real Estate Terms) The main purpose of a down payment is to ensure that the lending institution can recover the balance due on the loan in the event that … More Real Estate Term of the Day: Down Payment
Real Estate Term of the Day: Distressed Property DISTRESSED PROPERTY (aka: Distressed Sale) – real estate that is under foreclosure or impending foreclosure because of insufficient income production, mortgage default or other proven hardship (such as: job loss, divorce, medical emergency/sudden illness, bankruptcy or death) (Barron’s Dictionary of Real Estate Terms) Examples of distressed properties … More Real Estate Term of the Day: Distressed Property
LESLIE MONACO REAL ESTATE 